Romania: Inflation stable in January
Consumer prices jumped 0.8% over the previous month in January, following December’s 0.2% month-on-month increase. A notable increase in prices for food, and higher prices for non-food items and services drove the result. Vegetables recorded the biggest increase in prices, while interurban transport recorded the largest decline
Inflation was stable at December’s one-year low of 3.3% in January, thus remaining within the Central Bank’s target range of 1.5%–3.5%. Meanwhile, annual average inflation inched down from December’s 4.8% to 4.7% in January.